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ARTICLES ABOUT PAN BY DATE - PAGE 5

KOCHI: Cashing in on the World Cup football fever in the country, Sony India is targeting a Pan India revenue of Rs 750 crore, including Rs 75 crore from Kerala, from sale of its television sets. Sony India was aiming to sell 180,000 units in the country -- especially from soccer crazy states of Kerala and West Bengal, Sunil Nayyar, Head, Sales, Sony India, told reporters here. Unveiling the FIFA promotion in Kerala, Nayyar said they had 'very ambitious and aggressive plans' from Kerala, where the consumer electronics brand was targeting sales of over 30,000 units, a 350 per cent growth over same period last year.

In an interview with ET Now, Indranil Pan, Chief Economist, Kotak Mahindra Bank, shares his views on the RBI credit policy. Excerpts: ET Now: The RBI has kept its key rates unchanged and SLR has seen a 50 bps cut. What are your reactions to this? Indranil Pan: While it has kept the key rates unchanged, the RBI realises the need for adequate amount of credit flow to the industrial sector for a growth revival at this point in time. This is probably why they have had an SLR cut. This translates to more leeway for the banking sector to provide liquidity and credit to the commercial sector.

KOLKATA: After consolidating its presence in West Bengal with 21 per cent market share, detergent manufacturer Safechem Industries would pan out in states like Uttar Pradesh and Bihar, says a top company official . "In West Bengal, we are a clear market leader with 21 per cent market share in the detergents segment. We will look at setting up plants in either eastern UP or Bihar," CEO of Safechem Industries Ritum Jain told PTI. Operating in an extremely competitive environment with the likes of HUL and P&G, Safechem was focussing on the popular category which controls 65 per cent of total detergent volumes.

Many investors are keen to start SIPs of small amounts for their household helps, drivers or other small investors. However, these investors may not have a PAN card or other documentation required for mutual fund investments. In order to facilitate such small-ticket investments, Sebi has withdrawn the requirement of PAN for SIPs that do not exceed Rs. 50,000 in a financial year. Such instalments are called micro SIPs. Documentation: Micro SIPs are exempt from the requirement of PAN or KYC documentation . However, a copy of a photo identification document, such as the Aadhar card, voter ID or driving licence, issued by the government, needs to be submitted and verified with the originals.

MUMBAI: India's fourth largest teleco Idea Cellular today resumed 3G services through intra-circle roaming ( ICR ) across 10 circles. It will enable over 25 per cent of its base of 13.7 crore subscribers to experience high speed 3G Internet services on their mobile devices. Another private telecom operator, Airtel, had resumed 3G services last Sunday following the companies winning their case against the government ban on intra-circle roaming at the telecom tribunal last week.

NEW DELHI: Discovery Networks Asia-Pacific (DNAP) , a division of media firm Discovery Communications , today announced promotion of Rahul Johri as Executive Vice President and General Manager , South Asia and Head of Revenue, Pan-Regional Ad Sales and Southeast Asia. Johri was working as Senior Vice President and General Manager of South Asia and Head of Revenue, Pan Regional Ad Sales and Southeast Asia and spearheaded the operations and overall growth strategy of DNAP's portfolio in those markets.

NEW DELHI: For the first time, candidates with assets of over Rs 5 crore without a PAN card are set to come under the scanner of Tax department and Election Commission, which have prepared a list of 'red flags' to weed out suspected tax-evaders from the poll fray. This is part of a joint charter prepared by the Central Board of Direct Taxes (CBDT) and the Election Commission (EC) for scrutinising the poll affidavits of candidates contesting 2014 Lok Sabha elections. Candidates declaring a jump of Rs 2 crore in value of their immovable assets since last polls would also trigger such red flags, pursuant to which further inspections would be carried out by the taxmen, a senior official said.

In a chat with ET Now, Indranil Pan, Chief Economist, Kotak Mahindra Bank, shares his views on the RBI credit policy. Excerpts: Mythili Bhusnurmath: Would you share that view that the new regulations, as far as investment periods are concerned, for debt flows would not impact inflows into the market? Indranil Pan: More important for the market is the view that there is no immediate sort of cut in the interest rates by the Reserve Bank of India, even though inflation on the headline basis has softened in a very significant way and also may tend to soften in the next few months.

KarmYog Media and Entertainment Education Network (KYMedia), a Kolkata based organization focused on education in the Media & Entertainment space, on Friday said it has raised an undisclosed investment against a minority stake sale to Singapore-based investors. The investment will be deployed for its flagship program Indian Idol Academy (IIA), said a statement. KYMedia is a part of "KarmYog Education Network", which aims at imparting scalable vocational training and education throughout India and other emerging economies through media-and-technology-based learningware.